
As
BPR enters a new century, it has begun to
undergo a resurgence in popularity. Companies have seen real benefit in evaluating processes before
they implement expensive technology solutions. By deconstructing processes and grading them in
terms of whether they are value-added or non-value-added activities, organizations are able to
pinpoint areas that are wasteful and inefficient.
Performance measurement asks the question “what does success really mean?” It views accomplishment
in terms of outcomes, and it requires managers to examine how operational processes are linked to
goals. In this way, managers do not simply report on the past, they make authoritative forecasts
about the future.
There are many definitions of knowledge management. It has been described as "a systematic process
for capturing and communicating knowledge people can use." Others have said it is "understanding
what your knowledge assets are and how to profit from them." Or the flip side of that: "to obsolete
what you know before others obsolete it." Perhaps the simplest definition of knowledge management
is "sharing what we know with others." In all of these definitions, the emphasis is on human
know-how and how it brings value to an organization; however, utilizing individual expertise to get
maximum return for an organization is not as easy as it may sound.
Supply chains can exist in both manufacturing and service organizations, and they are principally
concerned with the flow of products and information between supply chain member organizations—p
rocurement of materials, transformation of materials into finished products, and distribution of
those products to end customers. Today's information-driven, integrated supply chains are enabling
organizations to reduce inventory and costs, add product value, extend resources, accelerate time
to market, and retain customers.
"Stewardship of resources" is a phrase often heard in the public sector. More often than not, it is
associated with budget decisions—the careful, prudent management of money, rather than of human
assets and potential. And yet, guiding, nurturing, and shepherding human capital are the skills
most needed to ensure that organizational change is received and implemented enthusiastically (or
at least serenely), rather than with distrust and fear. The degree to which leaders are able to
manage change, develop consensus, and sustain commitment will determine the success (or failure) of
any management initiative or reform effort.
A best practice is a business function, process, or system that is considered superior to all other
known methods. A documented strategy and approach used by the most respected, competitive, and
profitable organizations, a best practice is widely known to improve performance and efficiency in
a specific area. Successfully identifying and applying best practices can save money, eliminate
redundancy, and enhance organizational effectiveness.
A powerful tool for measuring performance, Activity-Based Costing is used to identify, describe,
assign costs to, and report on agency operations. A more accurate cost management system than
traditional cost accounting,
ABC identifies opportunities to improve business
process effectiveness and efficiency by determining the "true" cost of a product or service.
"Pay for Performance" is a hot topic among federal agencies these days. Managers and employees
alike want newly mandated personnel policies to compensate federal employees fairly while enhancing
their ability to produce measurable results for taxpayers.
